Kaneshita ConstructionLtd Balance Sheet Health
Financial Health criteria checks 6/6
Kaneshita ConstructionLtd has a total shareholder equity of ¥18.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥21.3B and ¥2.8B respectively. Kaneshita ConstructionLtd's EBIT is ¥339.0M making its interest coverage ratio -2.4. It has cash and short-term investments of ¥9.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -2.4x |
| Cash | JP¥8.97b |
| Equity | JP¥18.53b |
| Total liabilities | JP¥2.82b |
| Total assets | JP¥21.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1897's short term assets (¥11.6B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 1897's short term assets (¥11.6B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 1897 is debt free.
Reducing Debt: 1897 has not had any debt for past 5 years.
Debt Coverage: 1897 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1897 has no debt, therefore coverage of interest payments is not a concern.